Michael O'Leary (businessman)
Michael O'Leary (born 20 March 1961) is an Irish businessman and the CEO of Ryanair, a low-cost airline. He is known for his outspoken and often controversial public persona, as well as his aggressive cost-cutting strategies which have contributed to Ryanair's position as one of Europe's largest airlines.
Born in Dublin, O'Leary was educated at Clongowes Wood College and Trinity College, Dublin, where he studied business studies. He qualified as a chartered accountant before becoming a personal financial advisor to Tony Ryan, the founder of Guinness Peat Aviation (GPA) and later, Ryanair.
O'Leary joined Ryanair in 1988 as Deputy Chief Executive and became CEO in 1994. Under his leadership, Ryanair adopted a "no-frills" business model, focusing on eliminating costs and offering low fares to attract passengers. This included measures such as charging for checked baggage, onboard food, and priority boarding.
His tenure has been marked by significant growth for Ryanair, expanding its network across Europe and beyond. He has also overseen the introduction of new aircraft and the implementation of various cost-saving initiatives.
O'Leary's management style is often described as direct and uncompromising. He is known for his blunt remarks and willingness to challenge competitors and industry regulations. He has been a vocal critic of airport charges, government taxes, and environmental levies.
Despite criticism of his abrasive approach and some labor disputes within Ryanair, O'Leary is widely credited with transforming the airline industry and making air travel more accessible to a wider range of people. He remains a prominent figure in the European business landscape.